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Zerocap Launches Australia's First Tailored Crypto Product Linked to CoinDesk 20 Index
Zerocap Launches Australia's First Tailored Crypto Product Linked to CoinDesk 20 Index

Yahoo

time19-02-2025

  • Business
  • Yahoo

Zerocap Launches Australia's First Tailored Crypto Product Linked to CoinDesk 20 Index

HONG KONG - Australian digital assets market maker Zerocap has partnered with CoinDesk Indices to offer Australia's first options-based structured products on the CoinDesk 20 Index (CD20), the company said at Consensus Hong Kong. The partnership introduces sophisticated and tailored investment strategies usually found in traditional markets, a significant advancement for the cryptocurrency industry. It will allow institutions and other sophisticated market participants to take risk-managed diversified exposure to digital assets that go beyond just bitcoin and ether while offering additional features like downside protection, volatility management and yield enhancement. The new offering demonstrates the increasing demand for scalable and diversified institutional-grade cryptocurrency products following the debut of spot ETFs in the U.S. last year. The CoinDesk 20 Index, which has surged 456% over the past five years, provides a diversified alternative to the standard 70/30 bitcoin-ether portfolio split by broadening exposure to other leading crypto assets. "This partnership with CoinDesk Indices brings sophisticated, structured options to the crypto market for the first time, offering our clients enhanced ways to invest in digital assets with tailored risk and diversification benefits," said Mark Hiriart, head of sales at Zerocap. Alan Campbell, President of CoinDesk Indices, said the CD 20 Index caters to the growing demand for diversified digital assets exposure and Zerocap's decision to debut structured products tied to the same is a significant step forward in serving global clientele.

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